7-8-2014 *Kaperoni ~[How long are you going to hold on before you decide to cash out your dinar?] I am waiting for the 2014 IMF Article IV Consultation. After review of that, I will decide. The last statement form the IMF was later this year so I am expecting it sometime in July-Aug.
7-8-2014 *Kaperoni ~"banks start to pull out of Iraq" The reality is, these banks came in 6-10 months ago with the plan to start investment rebuilding and participating in Iraq's market economy. The monetary policy did not comply, they did not move to Article VIII, they did not open the capital account nor did parliament pass any laws to support that stage. So how long do you expect these banks to sit and do nothing? Well, it appears 6 months to a year is about all they are willing to give Iraq.